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29 reactions · 40 comments | How do we stop inflation? Controlling the cost of goods seems like an obvious policy solution to help Americans deal with rising prices. In the 1970s, President Nixon pursued this exact policy to combat rising gas prices. The result was a shortage that left Americans scrambling for fuel. Today Americans feel the same tug toward price controls. But if price controls didn’t work then, why would they work today? | PolicyEd | Facebook
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